Zenit St. Petersburg has offered Nick Calathes a three-year contract worth more than €8 million, according to Trifilara.
The proposal is €2.7 million per season, per three seasons.
The American-Greek point guard is expected to leave Panathinaikos when the season ends and may rejoin his former coach Xavi Pascual in the Russian team.
Zenit is trying to build a contender after a difficult first season in EuroLeague and wants to start from the Panathinaikos star.
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